China's Home-Grown C919 Completes First Commercial Flight

China's first domestically produced passenger jet C919 flies during its first commercial flight from Shanghai to Beijing, in Shanghai on May 28, 2023. (AFP)
China's first domestically produced passenger jet C919 flies during its first commercial flight from Shanghai to Beijing, in Shanghai on May 28, 2023. (AFP)
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China's Home-Grown C919 Completes First Commercial Flight

China's first domestically produced passenger jet C919 flies during its first commercial flight from Shanghai to Beijing, in Shanghai on May 28, 2023. (AFP)
China's first domestically produced passenger jet C919 flies during its first commercial flight from Shanghai to Beijing, in Shanghai on May 28, 2023. (AFP)

China Eastern Airlines Corp Ltd entered China's home-grown narrow-body C919 jet into passenger service on Sunday and completed its first commercial flight, marking a milestone in the country's effort to become more self-reliant.

The C919 is the product of state-backed Commercial Aviation Corp of China (COMAC) which began developing the jet 15 years ago to rival Airbus SE's A320neo and Boeing Co's 737 MAX single-aisle jet families.

President Xi Jinping has hailed the project as a triumph of Chinese innovation, while on Sunday state media trumpeted the plane as a symbol of industrial prowess and national pride.

"After generations of endeavor, we finally broke the West's aviation monopoly and rid ourselves of the humiliation of '800 million shirts for one Boeing'," Beijing Daily wrote, referring to the early years of economic reform around 40 years ago when China manufactured mainly low-value goods.

The C919 took off at 10:32 a.m. (0232 GMT) from Shanghai Hongqiao International Airport where COMAC and China Eastern Airlines are headquartered, and landed two hours later at Beijing Capital Airport, showed flight tracker app Variflight.

"I'm confident about the plane. The flight was smoother than expected," one of about 130 passengers told state broadcaster CCTV as he disembarked.

The plane is scheduled to return to Shanghai on Sunday, then make a longer two-way flight to the southwestern city of Chengdu on Monday.

Lv Boyuan, a 21-year-old student and aviation enthusiast, was at Shanghai's airport on Sunday to fly to Chengdu from where he planned to return on the C919 the following day.

"I've been really looking forward to its flight, especially because it's a new-generation aircraft, unlike Boeing and Airbus equivalents which have been around for a number of years now," said Lv.

The C919 made its first flight in 2017 after years of delays and has undergone numerous test flights since.

State-backed China Eastern Airlines ordered five of the jets in March 2021. It took delivery of the first in December and has said it expects to receive the remainder this year.

In total, COMAC had won 1,035 orders from 32 customers as at 2022-end. A company official has since told media the figure exceeds 1,200.

The planemaker expects annual production to reach 150 C919 jets within five years, domestic media reported in January.

Though assembled in China, the C919 relies heavily on Western components, including engines and avionics, from firms including General Electric Co, Safran SA and Honeywell International Inc.

Li Hanming, an independent expert on Chinese aviation, said most C919 orders were letters of intent from domestic customers. Its few foreign customers include lessor GE Capital Aviation Services Ltd.

"For the C919, the domestic market is big enough," Li said.

The international market is questionable given that neither European nor US regulators have certificated the aircraft, said Greg Waldron, Asia managing editor of industry publication FlightGlobal.

"Until this happens, key international markets will be closed to the C919," he said.

The C919's predecessor, the ARJ21, is a short-haul 90-seat aircraft that entered commercial operation in 2016 and is flown by major Chinese airlines as well as Indonesia's TransNusa.

The ARJ21's use in Indonesia indicates the C919's international future lies mainly in the developing world, Waldron said.

COMAC is also developing a CR929 wide-body jet in collaboration with Russia.



ECB President Lagarde Reportedly Plans to Quit Before Macron's Term Ends

FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
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ECB President Lagarde Reportedly Plans to Quit Before Macron's Term Ends

FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo

European Central Bank President Christine Lagarde plans to leave her job before next year's French presidential election to allow Emmanuel Macron to have an input into picking her successor, the Financial Times reported on Wednesday.

Lagarde's term is due to end in October 2027 but some fear that the far right may win the French presidential race ‌in the spring of ‌2027, complicating the selection for the ‌new ⁠leader of Europe's most ⁠important financial institution.

Citing a person familiar with the matter, the FT said Lagarde has not yet decided on the exact timing of her departure but was keen on Macron and German Chancellor Friedrich Merz to be the key deciders in who succeeds her. Macron cannot run again for a third term.

"President Lagarde is ⁠totally focused on her mission and has not ‌taken any decision regarding the end ‌of her term," Reuters quoted an ECB spokesperson as saying.

The FT report comes only ‌a week after Bank of France Governor Francois Villeroy de Galhau ‌said he would step down in June this year, more than a year before the end of his term, allowing Macron to name his replacement before the presidential election that the far-right could win.

While it ‌will be up to all leaders from the 21-nation euro zone to pick Lagarde's successor, ⁠past practice ⁠suggests that any successful candidate must have both German and French support to clinch the role.

There are no formal candidates for the job yet but several names have been floating among ECB circles as potential ECB presidents. The most prominent among these are former Dutch central bank chief Klaas Knot and Bank for International Settlements General Manager Pablo Hernandez de Cos.

Lagarde's non-renewable term at the ECB runs until October 31, 2027. Prior to heading the ECB, she was managing director of the International Monetary Fund from 2011 to 2019 and before that, the French finance minister.


UK Inflation Falls to 3.0% in January

Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
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UK Inflation Falls to 3.0% in January

Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)

Britain's annual ‌rate of consumer price inflation fell to 3.0% in January from 3.4% in December, official figures showed on Wednesday.

A Reuters poll of economists had shown a median forecast of 3.0% in January and the Bank of England projected earlier this month that the headline measure of inflation would slow to ‌2.9%.

British inflation ‌has run higher than in ‌the ⁠United States and in ⁠the euro zone where it stood at 2.4% and 1.7% respectively in January.

But the BoE expects the pace of price rises to slow sharply to almost its 2% target in ⁠April as last year's rises ‌in utility costs and ‌other government-controlled tariffs fall out of ‌the annual comparison.

Investors expect the central bank ‌to cut its benchmark interest rate to 3.5% at its next meeting in March after a tight vote to keep borrowing costs ‌on hold in February although some policymakers remain worried about underlying ⁠inflation ⁠pressure.

Financial markets on Tuesday also priced a second quarter-point interest rate cut by the BoE by the end of in 2026.

ONS data last week painted a downbeat picture of Britain's economy at the end of 2025 with output barely growing. Figures released on Tuesday showed the labor market was still losing jobs although there were some signs of a stabilization.


Riyadh to Host Middle East’s Largest General Aviation Airshow in November 

The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)
The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)
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Riyadh to Host Middle East’s Largest General Aviation Airshow in November 

The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)
The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)

The Saudi Aviation Club announced that it will organize the AERO Middle East x Sand & Fun 2026 in Riyadh from November 24 to 28, reported the Saudi Press Agency on Tuesday.

The event is set to be the largest of its kind for general aviation in the Middle East, combining international business, investment, and innovation with live flying displays and interactive public experiences. It is being held in partnership with Messe Frankfurt Saudi Arabia.

Held at Thumamah Airport, the exhibition will bring together leading global companies operating in the general aviation industry, including aircraft and components manufacturers, avionics and navigation systems providers, as well as maintenance, repair, and overhaul (MRO) companies, offering an integrated platform that covers the full value chain of the sector.

The event will also spotlight startups in advanced air mobility (AAM) and innovators of electric vertical take-off and landing (eVTOL) aircraft, showcasing technologies and business models shaping the future of aviation.

General Supervisor of the Saudi Aviation Club Dr. Ahmed Alfahaid stated that AERO Middle East x Sand & Fun 2026 represents a qualitative leap for the Kingdom’s aviation sector and reinforces its positioning as a global hub for general aviation and advanced air mobility.

The partnership with Messe Frankfurt Saudi Arabia goes beyond presenting global innovations to providing a vital platform for international investment and strategic collaboration, he stressed.

Moreover, the event contributes to achieving Saudi Vision 2030 objectives, including the Kingdom’s ambition to rank among the world’s top 10 general aviation markets, he added.